SCHEDULE 2COMPENSATION FOR RIGHTS OF ENTRY ETC
Payment of compensation and determination of disputes6
1
Compensation payable under section 78G(5) in respect of an interest which is subject to a mortgage must be paid to the mortgagee or, if there is more than one mortgagee, to the first mortgagee and must, in either case, be applied as if it were proceeds of sale.
2
Amounts of compensation determined under this Schedule are payable—
a
where the appropriate person and the grantor or mortgagee agree that a single payment is to be made on a specified date, on that date;
b
where the appropriate person and the grantor or mortgagee agree that payment is to be made in instalments on different dates, on the date agreed as regards each instalment; and
c
in any other case, subject to any direction of the F2Upper Tribunal or the court, as soon as reasonably practicable after the amount of the compensation has been finally determined.
3
Any question as to the application of paragraph 5(3) or of disputed compensation must be referred to, and determined by, the F3Upper Tribunal .
F14
In relation to the determination of any such question, section 4 of the 1961 Act (costs) applies as if—
a
the reference to section 1 of that Act were a reference to sub-paragraph (3) of this paragraph;
b
references to the acquiring authority were references to the appropriate person; and
c
references to the claimant were references to the grantor.